Apple's Glowtime Event: Will The iPhone 16 Shine Or Fizzle?
Portfolio Pulse from Surbhi Jain
Apple's upcoming 'It's Glowtime' event on September 9 is generating buzz, with expectations for the iPhone 16, updated Apple Watches, and AirPods. Analysts have mixed views: Goldman Sachs is optimistic, citing potential surprises and long-term growth, while Piper Sandler is cautious, concerned about consumer spending and potential price increases.
September 04, 2024 | 4:23 pm
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Apple's 'It's Glowtime' event could impact its stock price, with analysts divided. Goldman Sachs is optimistic about potential surprises and long-term growth, while Piper Sandler is cautious about consumer spending and price increases.
The event is significant for Apple as it involves the launch of new products like the iPhone 16. Goldman Sachs sees potential for positive surprises, while Piper Sandler is concerned about consumer spending and price increases. The mixed analyst views suggest a neutral short-term impact on Apple's stock price.
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